The crypto market experienced significant volatility this week as Bitcoin surged to $107,000. This movement caused some altcoins to face drawdowns while others emerged as top performers, delivering impressive profits to investors. 

BeInCrypto has identified three standout altcoins that ranked among the week’s biggest gainers and explores what investors can anticipate next.

GateToken (GT)

GT has seen a 23% rise this week, reaching a new all-time high of $25.96 during the latest intra-day session. This consistent upward momentum has captured investor attention, positioning the altcoin as one of the top-performing altcoins in the current market.

Despite occasional bearish market cues, GT has yet to experience a sharp correction. This resilience reflects strong investor confidence and a bullish sentiment surrounding the token. If this momentum continues, GT could extend its rally and achieve further milestones in the coming days.

However, significant profit-taking could lead to a decline, with the altcoin testing critical support at $19.89. A drop below this level could invalidate the bullish outlook and signal increased bearish pressure.

KuCoin Token (KCS)

KCS experienced a 16% rise this week, with most of the gains occurring in the last 72 hours. The altcoin is currently trading at $13.12, reflecting growing investor interest and strong upward momentum as it seeks to sustain its recent rally.

The altcoin recently breached the $13.74 resistance level after establishing solid support at $12.47. If the bullish momentum persists, KCS could close above this barrier, paving the way for further gains.

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Author: Aaryamann Shrivastava